A ________ Account Is an Account Linked with Another Account

question 153

Short Answer

A ________ account is an account linked with another account, having an opposite normal balance, and reported as a subtraction from that other account's balance.

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Definitions:

EAI Systems

Stands for Enterprise Application Integration Systems, which are frameworks that enable the integration of various applications, systems, and databases to ensure smooth data flow across an enterprise.

ERP Implemented

The process of planning, configuring, and deploying Enterprise Resource Planning software to integrate and manage the core processes of an organization.

Interorganizational

Pertaining to interactions or relationships between different organizations.

ERP System

Enterprise Resource Planning system, a software platform used by organizations to manage day-to-day business activities such as accounting, procurement, project management, and manufacturing.